Arcola, IL, Real Estate
Arcola, Illinois, is a charming small town in Douglas County, known for its rich Amish heritage and vibrant community spirit. With a population of around 2,900, Arcola offers a peaceful, rural lifestyle while being famously recognized as the "Broom Corn Capital of the World" due to its historical production of broom corn, used for making brooms. The town hosts the annual Broom Corn Festival, a lively event featuring parades, crafts, and local food, drawing visitors from across the region. Arcola’s downtown is dotted with antique shops, Amish furniture stores, and restaurants serving hearty, home-cooked meals, reflecting its blend of cultural tradition and Midwestern hospitality.
Arcola currently has 5 single family homes for sale with an average list price of $167,600 and 1 lot for sale with a list price of $145,000. The average annual property tax for Arcola is $2,427.34.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Arcola, i.e. what's hot and what's not.
See What's Hot & What's Not in Arcola
Market Trends
Arcola home sales for the month of July stayed the same in volume when compared to last year, while the median sale price stayed the same.
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9
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10
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9
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4
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$227,000
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$91,500
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$120,000
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$157,500
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Arcola
Number of Sales for Arcola
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